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...part of the recent stress tests, regulators said they plan to review the boards of the nation's largest banks. The 10 banks that were deemed in the test to not have enough capital were given until June 8 to present Treasury with a plan for how they will raise the required funds. Besides reviewing the plans, government officials have said they plan to weigh in on whether they think the banks' leadership is adequate as well. One of the main factors the government will reportedly be looking at is whether the banks have a sufficiently deep bench of financially...

Author: /time Magazine | Title: Help Wanted: Bank Boards Seeking Competent Directors | 5/20/2009 | See Source »

...Your cover story made serious reading. But the present downturn could be a blessing in disguise for some countries, since highly skilled professional talents can transfer their skills and become useful in their often poorer home countries. Though their salaries may not be as good as the previous jobs they held, they might find more security in the comfort of the familiar rather than in an uncertain position in an alien land, and both they and the countries that welcome them back will benefit. Philip Verghese, Secunderabad, India...

Author: /time Magazine | Title: Inbox | 5/18/2009 | See Source »

...restrictions are reasonable. A new Pew poll finds that while a majority of independents said abortion should be legal in most cases as recently as October, just 44% do so now. This may inspire some introspection on the part of political operatives in both parties who attribute the Republicans' present frailty to its orthodoxy on social issues. The GOP may have fielded some hapless messengers, but their message, on abortion at least, may be closer to the mainstream than Democrats care to acknowledge...

Author: /time Magazine | Title: Understanding America's Shift on Abortion | 5/18/2009 | See Source »

...Benefits of Youth. College grads, treat yourself to a cheap present: The discount student travel agency STA Travel is celebrating 30 years of business, offering travelers a chance to score $30 round-trip tickets to London or Paris. The first 20 customers to visit their local STA Travel branch or call 800-360-9273 on Wednesday, May 20, can get a ticket to London or Paris, departing from New York City, Boston, Washington, D.C., Los Angeles, San Francisco or Seattle. As with any good deal, there are caveats: You must be under 26 or a currently enrolled student to qualify...

Author: /time Magazine | Title: Anniversary Travel Deals, Even If It's Not Yours | 5/18/2009 | See Source »

...middle of pursuing a master's degree in law. But when he announced that the topic of his thesis would be gay-rights legislation in Europe, he was expelled. Says he: "There is a homophobic totalitarian past in Russia, while in the present, there is this huge influence of the Orthodox Church, and Russian authorities are doing nothing to stop homophobia...

Author: /time Magazine | Title: Russia to Gays: Get Back into the Closet | 5/18/2009 | See Source »

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